1 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold
- INVESTMENT PROPERTY
- Tenant paying £575 pcm
- Total floor area 46 sq meters
- Walking distance to the city centre
- Walking distance to local amenities
- This is an investment opportunity
- Lovely view across the River Usk
- Viewing advised
- Door entry system.
- COUNCIL TAX B
*INVESTMENT PROPERTY WITH TENANT*.
Spacious 1 bedroom apartment set in this
lovely modern purpose built apartment
complex on Usk Way over looking the River Usk.
Walking distance of the city centre,
local amenities & excellent road links to the M4.
Viewing advised.
Rooms
Introduction
We are pleased to offer for sale this modern 1 double bedroom apartment on Usk Way within walking distance to Newport city centre. bus and train stations. The complex provides private parking, lifts to all floors, coffee shop and ice cream parlour on the ground floor underneath the apartment complex. Light, bright modern communal areas, exceptionally well maintained.
The apartment itself with inner hallway, door off to open plan kitchen / dining / living space with balcony off, modern family bathroom with shower over bath and double bedroom. The property comes with electric storage heating throughout with modern contemporary kitchen.
Well maintained and presented apartment, calling investors - viewing advised
Entrance apartment
Via front door into;-
Inner hallway
Door entry system. Double doors to;-
Utility Space
Provisions for washing machine and tumble dryer etc. further double doors to large storage space.
Kitchen / living / dining space 4.67m x 3.73m (15' 04" x 12' 03")
Plastered and painted to ceiling and all walls, two electric heaters, upvc double glazed patio doors to the balcony area.
Open plan kitchen off with breakfast bar area, ceramic tiled flooring throughout, double glazed window to front. The kitchen is fitted with a range of wall and base units, matching roll top food preparation surfaces, stainless steel sink, integrated oven four ring electric hob, stainless steel splash backs and extractor hood over. Inset low voltage lighting.
Balcony 3.10m x 1.88m (10' 02" x 6' 02")
Glass balustrades with views over the river, patio slab flooring,
Bedroom 3.73m x 3.07m (12' 03" x 10' 01")
Double glazed window to front, electric storage heater, fitted wardrobe space with mirrored sliding doors, providing storage and hanging space.
Bathroom
Panelled bath with glass shower screen, main shower over, wall mounted wash hand basin, wc. Ceramic tiled flooring throughout, inset low voltage lighting, extractor fan and wall mounted towel radiator.
Summary
The property is currently Let at £575 pcm = £6,900 per annum 6% yield with a potential rental valuation of £700 pcm = £8,400 per annum 7.5% yield.
The management fees are Approx £2,460 p.a.
Places of interest
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*DISCLAIMER
Property reference PRC12835. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Davis & Sons - Newport.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 20, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 28, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on June 14, 2011 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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